SSRN Author: Manlu LiuManlu Liu SSRN Contenthttps://www.ssrn.com/author=2632181
https://www.ssrn.com/rss/en-usFri, 13 Sep 2019 01:08:09 GMTeditor@ssrn.com (Editor)Fri, 13 Sep 2019 01:08:09 GMTwebmaster@ssrn.com (WebMaster)SSRN RSS Generator 1.0New: How Will Blockchain Technology Impact Auditing and Accounting? Permissionless Vs. Permissioned BlockchainBlockchain offers a drastically new way to record, process, and store financial transactions and information, and has the potential to fundamentally change the landscape of the accounting profession and reshape the business ecosystem. In this article, we introduce two types (i.e. permissionless and permissioned) of blockchain and layout their technological features. We further discuss implication of blockchain to auditing and elaborate opportunities and challenges of two types of blockchain to auditors. We conclude by making specific recommendations for auditors to adapt, adjust, and elevate themselves to the role of strategic partners in blockchain implementation. https://www.ssrn.com/abstract=3448058
https://www.ssrn.com/1823543.htmlThu, 12 Sep 2019 18:08:07 GMT